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Boeing's New Drone Subsidiary Purchase Is Already Paying Off

Top Finance News - Mon, 01/22/2018 - 11:33am

And $68 million barely scratches the surface of what Boeing's new drones division could ultimately earn.

Deaths of Canadian billionaire, wife a tantalizing mystery

Top Finance News - Mon, 01/22/2018 - 11:30am

There were no signs of forced entry on the cold December morning when a Canadian billionaire businessman and his wife were found dead inside their mansion, reportedly hanging from a railing at the edge ...

Vanguard CEO: Investors should be very conservative aroun...

Top Finance News - Mon, 01/22/2018 - 10:44am

At the Inside ETFs Conference, Vanguard CEO Tim Buckley speaks to CNBC's Bob Pisani about the state of ETF investing, the environment for active versus passive investing as well as what he thinks about bitcoin.

Atlanta and these four other cities are most likely to get Amazon’s new headquarters: Tech analyst

Top Finance News - Mon, 01/22/2018 - 10:35am

GBH Insights predicts five cities have a better chance to get Amazon's second headquarters project.

Bristol-Myers (BMY) Reports Data from CheckMate-142 Study

Top Finance News - Mon, 01/22/2018 - 10:22am

Bristol-Myers (BMY) announces new data from a cohort of the phase II CheckMate -142 study evaluating Opdivo (nivolumab) and Yervoy (ipilimumab).

Reminder: You May Need a Passport to Fly Now If You Live in These States

Top Finance News - Mon, 01/22/2018 - 10:16am

Some driver's licenses won't be sufficient.

Vietnam jails former oil execs in high-profile graft case

Top Finance News - Mon, 01/22/2018 - 9:45am

HANOI, Vietnam (AP) — A former oil executive was sentenced to life in prison and a former high-ranking Vietnamese government official received a lengthy prison term Monday at the end of a major corruption trial.

Monday’s Vital Data: Apple Inc. (AAPL), Alibaba Group Holding Ltd (BABA) and Freeport-McMoRan Inc (FCX)

Top Finance News - Mon, 01/22/2018 - 9:21am

U.S. stock futures are trading broadly lower this morning, as the U.S. government shutdown enters its third day. The Senate is expected to hold a vote around noon today to fund the government through Feb. 8. Taking a closer look at Friday’s options activity, Apple Inc. (NASDAQ:AAPL) saw an influx of call activity despite reports that it will cancel the iPhone X this summer.

Princess Eugenie and Jack Brooksbank's royal engagement photos have been published

Top Finance News - Mon, 01/22/2018 - 9:08am

Princess Eugenie and Jack Brooksbank announced their engagement on Monday morning. Buckingham Palace released their official engagement photos a few hours later. Princess Eugenie and London socialite Jack Brooksbank announced their engagement via Buckingham Palace on Monday morning.

Udvar-Hazy sees risk of Boeing 737 MAX delays over engines

Top Finance News - Mon, 01/22/2018 - 9:03am

The executive chairman of aircraft leasing firm Air Lease Corp warned on Monday of possible delays to deliveries of Boeing 737 MAX aircraft if engine issues worsen. The top-selling Boeing aircraft is powered by engines made by French-U.S. venture CFM International, co-owned by France's Safran and General Electric of the United States. CFM has had some industrial problems in producing its new LEAP engine for the 737 MAX and some Airbus aircraft.

This is not a real shutdown: Judge Napolitano

Top Finance News - Mon, 01/22/2018 - 8:50am

Judge Andrew Napolitano on the government shutdown and calls to release the FISA memo.

What's in Store for Procter & Gamble (PG) in Q2 Earnings?

Top Finance News - Mon, 01/22/2018 - 8:48am

Weak volumes and higher input cost might affect Procter & Gamble's (PG) results. However, share repurchases, focus on product innovations and reducing costs might improve margins.

The Taxation of Social Security Benefits Has Created Quite the Dilemma

Top Finance News - Mon, 01/22/2018 - 8:34am

This archaic tax has the potential to both help and hurt the Social Security program.

Whom Will Pfizer Buy in 2018?

Top Finance News - Mon, 01/22/2018 - 8:17am

Keep your eyes on these three drugmakers.

Air Lease CEO says momentum building for new Boeing mid-sized jet

Top Finance News - Mon, 01/22/2018 - 7:59am

Plans for a potential new Boeing mid-sized jet are gaining momentum and Airbus looks set to respond by beefing up its strong-selling A321neo model, Air Lease Corp Chief Executive John Plueger said on Monday. "I think they (Boeing) feel they have momentum from the customers and that they are building momentum internally for the business case," Plueger told Reuters on the sidelines of the annual Airline Economics conference, referring to a project for a 220-260-seat jet known as New Mid-Sized Airplane ('NMA'). Airbus is developing a new version of its 185-seat A321neo capable of lifting more weight, he said.

Trade of the Day: Nvidia Corporation Breakout Could Net You 400%

Top Finance News - Mon, 01/22/2018 - 7:40am

NVDA stock is a secular growth story for more than a few good reasons. The firm sees Nvidia as still offering investors plenty of upside catalysts and expects online gaming to continue its job as a chief profit center with the company’s recently introduced Pascal card showing solid user adoption. BofA acknowledges NVDA stock doesn’t look cheap on the surface with its price-to-earnings ratio of 57, but still believes it’s worth every penny — and then some, given a buy reiteration with an attached price target increase from $251 to $275.

What Goldman Sachs is telling high net worth clients about the stock market

Top Finance News - Mon, 01/22/2018 - 7:33am

Goldman Sachs believes stocks are not in a bubble and will continue to go higher.

Government shutdown hits IRS hard as 57% of its workers a...

Top Finance News - Mon, 01/22/2018 - 7:32am

CNBC's Ylan Mui takes a look at how the shutdown in Washington is impacting the Internal Revenue Service.

Is Enterprise Products Partners LP (EPD) a Buy?

Top Finance News - Mon, 01/22/2018 - 7:15am

This giant, high-yield midstream oil and natural gas partnership is changing things, which is good for conservative income investors